CFO K. Rajavel resigns to focus on subsidiary role

Cfo ResignedManagement Changes View source PDF Explain this filing

SICALLOG · price

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Price reactionminutes from the announcement price · days from the prior close

-0.1%Reaction day

₹90.70

prior close

₹92.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.4%-1.5% vs market

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.9

10m

-1.9

15m

-1.9

30m

-2.1

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-0.1+1.4-1.5

Next day

-4.1+1.5-5.6

-5.5+0.5-6.0

-0.7+1.1-1.9

+3.5+0.7+2.8

+0.9-0.4+1.4

+9.4+0.5+8.9

15d

+22.6+0.1+22.5

+12.6+3.5+9.1

+9.1+5.8+3.3

-6.0+2.4-8.3

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mr. K. Rajavel, Chief Financial Officer of Sical Logistics Limited, has resigned effective close of business on July 9, 2026. He is stepping down to devote full time as CFO of Sical Multimodal and Rail Transport Limited, a material subsidiary whose operations are expanding. No other reasons cited.

Likely market impact

CFO exit creates leadership uncertainty at the financial helm and may weigh on sentiment until a successor is appointed.